Global Pharmaceutical Drugs Market Research Report

• On the basis of geography, the global market of Pharmaceuticals
drugs has been spread across the globe which includes North
America, Asia Pacific region, Western Europe, South America,
Eastern Europe, Middle East, Africa and several others. Whereas, in
2017, the global pharmaceuticals drug market was value USD 934.8
billion and has grown at a CAGR of 5.2% during the period of 2013-
2017. However, the market is anticipated to increase at a CAGR of
5.8% during the period of 2017-2021 and in the near future to be
value USD 1,170.4 billion by 2021. In North America, the global
market of pharmaceutical drugs accounted for 36.5% in 2017 and
was valued USD 341.1 billion.
• With the effective development in the health care system, health
care awareness, high per capita expenditure on health has been
some of the major growth drivers of this market. Therefore, in the
coming years it is expected that the global market of
pharmaceutical drugs will grow more actively over the decades.